Website tplants.com Founded 2003 Type Limited liability company | Area served worldwide Number of employees 45,000 | |
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Subsidiaries Volgograd Tractor Plant, AGROMASH, AMKH - Invest Ltd., Krasnoyarsk Timber Machinery Works Profiles | ||
Concern Tractor Plants (CTP), is a leading Russian machine building company. CTP is the country's largest tractor manufacturer, and one of the largest heavy mechanical engineering companies in the world.
Overview
The company produces machinery for the industrial, military, agricultural, municipal building and railway sectors, including tractors, harvesting machinery, components and spare parts. CTP consolidates 14 industrial enterprises, three trading-service companies, a number of specialized Research and development offices and a Scientific Research Institute. The total number of employees is approximately 45,000 people. CTP operates in more than 40 countries worldwide. In 2007, the cumulative annual sales volume exceeded $1.35 billion, having increased 31.5 percent for the year. The company's headquarters are located in Cheboksary. Most of the company's factories are located in Russia.
In 2009, the holding company Concern Tractor Plants N.V. placed shares on the Frankfurt Stock Exchange in the form of Global Depositary Receipts issued by Deutsche Bank.